Nestle declined state-backed loans

Nestle declined state-backed loans

There are 2 comments on the story from Jan 20, 2011, titled Nestle declined state-backed loans. In it, reports that:

State economic officials say Nestle Nutrition's decision to close its St. Louis Park factory will not trigger any loan repayment provisions because the Swiss food giant opted not to take state-backed loans despite discussions with Minnesota officials.

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The Hawk

Minneapolis, MN

#1 Jan 21, 2011
On Tuesday reporter Webb said the state provided financial assistance to Nestle in 2007. It would have been nice for him to acknowledge his own shoddy research today. As usual, the business is assumed guilty until someone comes forward to refute the reporters inaccurate, one-sided printed assertions.

Minneapolis, MN

#2 Jan 21, 2011
Isn't this what the liberals call "corporate welfare"? The question is why didn't Nestle expand in MN and take these "incentives"?

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